OTCPK:SPLID - Post by User
Comment by
DustinFon May 25, 2019 2:41pm
88 Views
Post# 29773279
RE:Something to look at EAT
RE:Something to look at EAT
Sounds like they got or of paying them $5.3m due to not meeting performance standards. They settled for a reduced number, somwhere around $1.5m total(cash plus stock) with no extension of performance bonus into the following year. "Pursuant to the Agreement, Nutritional High will acquire 100% of Pasa Verde for total consideration of US$1.65 million in cash and stock, with additional consideration of up to US$5.3 million being awarded over a 2-year period upon completion by Pasa Verde of certain mutually-agreed upon performance targets." https://www.nutritionalhigh.com/nutritional-high-to-acquire-100-of-california-based-extraction-company/